A post-closing trial balance:
A)Is a list of all accounts and their balances after adjusting entries.
B)Is a list of all accounts and their balances before adjusting entries.
C)Is a list of all accounts and their balances after closing entries.

Question

Quizplus · Accepted Answer

A post-closing trial balance is prepared after all the closing entries have been made and is used to ensure that accounts are in balance before starting a new accounting period. Therefore, it is a list of all accounts and their balances after closing entries.

A Post-Closing Trial Balance